Saving On A New Car Purchase - Insurance - Auto

<p>You are bound to be anxious when buying a new car. Is vehicle as per your requirements, is the price right, is the dealer taking you for a ride? All these concerns are genuine. After all you are buying something that you will have to trust on and is certainly expensive. For a common man buying car is one of the most important and expensive decisions. Your budget, test drives and speaking to friends can generally help you shortlist the vehicle of your requirement. As for the best price, you need to make a different kind of an effort for that.You will be surprised that there is a lot you can negotiate on while buying a new car and bring down the prices substantially. Be aware of what charges are being included and you'll realise at least some of them being insignificant and some being unnecessarily high. Here are a few discounts that you may be entitled for.Dealer Discount - Unless a car is in great demand or has just been launched, dealer discount is offered on most cars. S
ome even advertise for it around important festivals but such discounts in varying degrees are available all through the year. Usually a part of it may be offered by the dealer without even initiating the negotiations but there is often scope to increase the discount price.Corporate Discount - Corporate discounts are offered by car manufacturers to employees of large corporate houses and Public Sector companies. This discount is also readily forwarded to the customers by the dealers. Generally the manufacturers will provide their dealers with a list of companies to whom the discount can be extended.Discount on Miscellaneous Charges - There are so many other charges levied when you buy the car like registration charges, service charges etc. Some of them are justified and will have to be borne by you. Rest of the charges are somewhat negotiable. Old Car Exchange Discount - If you want to exchange an old car of yours, car dealers often offer a cash discount in exchange of your
old car. It is up to you if you wish to exchange it with the dealer or sell it on your own.Car Finance Options - You don't need to get the car financed from whatever the dealer is offering. Market survey might fetch you a better deal. Also, do enquire from your bank if they have some special rates for their existing customers. A car dealer gets significant profit from selling finance to you. You can negotiate on that if you are getting the car financed through the dealer.Insurance Premium - Dealers generally offer the car insurance from a specific insurance company. This is because the dealers get a good commission from them as well. You can always negotiate on that and get a part of the discount extended to you. As online insurance aggregators Easypolicy.com can be of great help in this matter. Comparing insurance there, you will realise that insurance premium on the same car varies. This largely depends upon the discounts that insurance companies offer to specific car manu
facturers on their specific models. Here you can also compare the features. You may realise that there is a difference in coverage by different insurance companies.Considering the small amount that you will save in each category, the total becomes a substantially discounted price.
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